$3.5M cash-out refinance of five industrial buildings in South
Los Angeles. Funds were needed to complete an apartment
building purchase. 6-month loan priced at 7.9% interest only
and 0.75 point origination fee. No prepayment penalty, no yield
maintenance, non-recourse.

Los Angeles, CA
Alexa Mizrahi
alexa@loneoakfund.com

310-826-2888 x16

www.loneoakfund.com

Money360 Inc.

Property: Office

Purpose: Refinance

Loan Amount: $15,611,500

Location: Houston, TXWe were able to fulfill the borrower’s unique objectives byproviding a loan product that meets their criteria. The refinancingallowed the borrower to replace the expired facility whilemaintaining profitable cash flow. The loan replaces existing debtwith attractive financing.

www.kennedyfundingfinancial.comThe borrower plans to refinance the 7.89-acre propertylocated in the city of Des Moines, WA, which is betweenSeattle and Tacoma. The proceeds will be used to pay offa matured loan. The property has been preapproved for amixed-use development, including a 150-room hotel andup to 600 housing units.

PB Financial Group Corp.

Property: Assisted living

Purpose: Cash-out refinance

Loan Amount: $5,000,000

Location: Manteca, CA

Date Funded: April 2018

Broker Fee: $100,000

The borrower had a low FICO and was required to pay a large
settlement. PB Financial provided the borrower with a $5M cash-out refinance loan to pay-off all legal fees, settlements and to give
the borrower cash for business expansion. Our terms were fixed
for 3 years, interest only with a 6 month PPP.

Los Angeles, CA
Pouyan Broukhim
info@calhardmoney.com

877-700-3703

www.calhardmoney.com

SCOTSMAN GUIDE LEAD

Patch of LandProperty: Condo conversion

Purpose: Fix and flip

Loan Amount: $880,000

Location: East Boston, MA

Date Funded: April 2018

Patch of Land provided a 12-month purchase & rehab
loan for this triplex condo conversion project in East
Boston, funded at 83% of the $580K purchase, plus $400K
in renovation funds. Borrower has completed numerous
condo conversions in the same neighborhood. Loan closed
in under 3 weeks w/a full appraisal.